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Nissan Chemical Industries will spend $34 million to build an advanced-materials research center in Funabashi, Japan, east of Tokyo. Nissan expects to complete the center in July 2014. The move is part of the company’s plan to boost its R&D capabilities by 2015. Nissan is also expanding and rebuilding its biological research center in Saitama prefecture, northwest of Tokyo. The renovated center will feature a new agricultural research unit to complement its pharmaceutical research unit.
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